Today we mark the end of the Business Plan Challenge season by unveiling the winners, but it is really just the beginning of a journey for these companies and all of you who entered this year.
While today’s Challenge winners and finalists are as diverse as South Florida, there were some common themes:
• You don’t need a mountain of cash to start a business. Most of today’s winners are bootstrapping their companies. With today’s technologies, that’s very possible, and in today’s economy, that’s smart. But, says Challenge judge Alice Horn, “Bootstrapping will only get you so far. Don’t skimp on professional advice as you build your business.”
• The best plans went after a real market need — that’s textbook entrepreneurship. And perhaps no company better exemplified this than Daniel Lessem of Urban Forager, who actually flipped his whole business plan in the process of writing it when he discovered a bigger need out there than his original concept.
Read : ” Entrepreneurial spirit strong as ever ” an article by The Miami Herald